In this paper, we explore the mechanics and the turbulent structure of two-phase (fluid-solid particle) flow system, for the first time, by considering the dynamic equilibrium coupled with suspended solid particle concentration, fluid flow and energetics of the two-phase flow system. The continuity, momentum and turbulent kinetic energy (TKE) equations of the fluid and the solid phases are treated separately to derive a generalized relationship of the two-phase flow system aided by suitable closure relationships. The results obtained from the numerical solution of resulting equations show that the particle concentration and the TKE diminish with an increase in the Rouse number, while the horizontal velocity component increases. On the other hand, the TKE flux, diffusion and production rates increase with an increase in the Rouse number, while the TKE dissipation rate decreases. In the vicinity of the reference level (that is, the hypothetical level from which the particles come in suspension), the Kolmogorov number increases with an increase in the Rouse number. However, as the vertical distance increases, this behaviour becomes reverse. A close observation of the turbulent length scales reveals that the Prandtl'smixing length decreases with an increase in the Rouse number, but the Taylor microscale and the Kolmogorov length scale increase. © 2016 The Author(s) Published by the Royal Society. All rights reserved.